Senior Cost/Inventory Accountant

  • Mandaluyong City, Metro Manila, Philippines, Philippines
  • Temporary
  • On-Site

Job Description:

JOB DESCRIPTION 

Key Responsibilities Include:

  • The Cost Accountant is responsible for preparing and supporting the end-to-end inventory, cost accounting, and financial reporting processes.
  • Strong knowledge of the manufacturing process from raw material to finished goods and cost of sales.
  • Participate in the month-end closing process by preparing journal entries and account reconciliations associated with inventory and cost of goods sold according to the U.S. GAAP
  • Root cause analysis for material, labor, and OH variances.
  • Review manufacturing overhead analysis and calculation for inventory
  • Analyze absorption and overhead.
  • Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
  • Review scrap transactions and research for reasons and reconcile activity.
  • Meet with various departments to obtain information necessary to create an accurate monthly forecast.
  • Prepare various cost accounting reports for presentation to upper management.
  • Help develop and maintain cost accounting models, documents, and organization records
  • Assist in audits, including quarterly and year-end audits.
  • Update accounting procedures for assigned areas.
  • Ensure compliance with the Company's policies, internal controls, and procedures.